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Marigold Corp. Trial Balance December 31, 2022 Cash Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Common Stock Retained Earnings Service Revenue

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Marigold Corp. Trial Balance December 31, 2022 Cash Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense $340 595 93 205 4560 $680 438 1370 1600 3415 1140 570 $7503 $7503 If on December 31, 2022 the insurance still unpredamounted to $23 the adjusting entry would contain debit to Prepaid Insurance for $23. debit to Prepaid insurance for $70 debit to Insurance Expense for $70, credit to Prepaid Insurance for $23

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